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5/03
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Storm Financial founder and chief executive Emmanuel Cassimatis has attacked the CBA and encouraged former clients to sue it for losses caused by the advisors collapse.
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4/03
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Aussie Home Loans is going back to its roots with a plan to ramp up the sale of its own home loans backed by securitisation.
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3/03
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The Commonwealth Bank, ANZ and St.George have matched the RBA's 25bps increase announced yesterday with Westpac and NAB expected to do the same
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1/03
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An AFG memo has revealed problems with NAB processing times, but also which of the major lenders is offering the quickest turnarounds
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26/02
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ING DIRECT Australia announced a record net profit after tax of $263.7 million for the 12 months to December 31 2009, up 45% on the previous year.
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25/02
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ANZ is to follow the CBA in putting forward a compensation deal to settle claims made against it by investors caught up in the collapse of Storm Financial.
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19/02
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Following on the heels of CBA and Westpac, NAB has released strong December quarterly earnings figures, recording $1.1bn in unaudited cash earnings
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19/02
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The Light of Day, a group of unlisted property sector investors for responsible banking, has warned that the closure of CBA's funds management arm Colonial First State is likely to be the first in a series of closures, as the government guarantee of bank deposits had forced mortgage funds to freeze.
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17/02
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Westpac has topped expectations with a first quarter cash profit of $1.6 billion due to halved bad debt charges and above industry growth in home lending.
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16/02
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The industry body representing credit unions and building societies, Abacus, has slammed the recent billion dollar profits announced by Australia's two biggest banks
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